AD code in Mumbai Port is a unique 7-digit code assigned by the reserve bank of India to every authorized branch of banks dealing with foreign exchange. The primary purpose behind AD code Registration is to ensure that foreign currency transactions have been made from a legitimate source.
Exporters must register the AD code with the customs at the Mumbai Port on ICEGATE Portal to ship goods across borders. In case an exporter ships goods from more than one port, they must register for each port separately, even if the ports are in the same state.
AD Code ICEAGATE Certificate [Sample]
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AD Code Registration at Mumbai Port is a mandatory process for exporters to obtain an Authorized Dealer (AD) Code, which is essential for conducting foreign exchange transactions through authorized banks. This code allows exporters to receive payments from international buyers while ensuring full compliance with RBI and government export regulations. Having an AD Code streamlines the export process by facilitating smooth customs clearance, proper documentation, and hassle-free banking transactions. The registration process is simple and involves submitting the required documents, after which exporters can operate efficiently in international trade without worrying about recurring charges or additional government fees. Obtaining an AD Code is a crucial step for any exporter at Mumbai Port looking to expand their business globally, maintain regulatory compliance, and ensure seamless financial operations.
AD code registration helps you a lot in the journey of global business expansion. The benefits of an AD cod registration in Mumbai Port are as follows:
Once you receive the AD code on the bank’s authorization letter, You need to register it with the customs on the ICEGATE portal. The following documents are required to proceed with the application:
Our team of professionals will assist you in preparing the documents for the application.
Registering an AD Code at Mumbai Port can be a complex and time-consuming process. We recommend hiring an expert to make the entire procedure smooth and hassle-free.
Here is the overview of the fee structure for AD Code Registration in Mumbai Port :
The AD Code registration fee for exporters at Mumbai Port is generally around ₹2,999, which is a one-time payment. It’s important to note that the Customs Department does not charge any official government fee for registering the AD Code on the ICEGATE portal. This means the cost involved is only for professional or service charges, not a government-imposed fee.
Note :The aforementioned Fees is exclusive of GST.
AD code registration can be done online on the ICEGATE portal for each port separately. It is mandatory to register AD code on the port where you intend to import goods. The 13 major ports in India are listed below.
| Port Location | ICEGATE AD code Registration | Port Code |
|---|---|---|
| Mumbai | Nhava Sheva Port registration | INNSA1 |
| Tamil Nadu | Ennore Port Registration | INENR1 |
| Gujarat | Kandla Port Registration | INIXY6 |
| Chennai | Chennai Port Registration | INMAA6 |
| West Bengal | Kolkata Port Registration | INCCU1 |
| Karnataka | New Mangalore Port Registration | INNML1 |
| Kerala | Cochin Port Registration | INCOK4 |
| Orissa | Paradip Port Registration | INPRT1 |
| Maharashtra | Mumbai Port Registration | INBOM6 |
| Andhra Pradesh | Visakhapatnam Port Registration | INVTZ6 |
| Tamil Nadu | Tuticorin Port Registration | INTNC6 |
| Andaman & Nicobar | Port Blair Port Registration | INIXZ1 |
| Goa | Mormugao Port registration | INMRM1 |
Conclusion
AD Code Registration is one of the most important mandatory regulatory requirements for a business dealing with foreign exchange transactions in India. This 7-digit number is an exclusive number for recognizing transactions across the border in a transparent and traceable way. When a business submits and verifies documents, it becomes possible to acquire the AD Code for hassle-free international operations within a regulatory framework. The benefits of acquiring an Authorized Dealer Code from an RBI-authorized bank are that businesses can easily carry out their import and export operations smoothly and compliantly. To know more about AD Code Registration consult Professional Utilities.
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Frequently Asked Questions (FAQs)
An Authorized Dealer (AD) Code is a 14-digit code issued by banks authorized by the Reserve Bank of India (RBI). It is mandatory for exporters to receive foreign exchange payments and comply with customs regulations.
Registering your AD Code at Mumbai Port is essential for:
AD code registration at designated ports is mandatory for exporters and importers for customs clearance. You are not allowed to export goods without AD code registration.
The registration fee is a one-time payment of ₹2,999, which is borne by the exporter. There are no additional government fees required for the AD Code registration.
The registration process typically takes 7 to 10 working days, depending on the completeness of your application and the verification process by customs authorities.
Yes, you can verify if your AD Code is successfully registered by generating a shipping bill on the ICEGATE portal. If the shipping bill is generated without errors, your AD Code is active and registered with Mumbai Port.
Yes, it is mandatory to declare the AD Code of the branch responsible for outward remittance in the BE declaration. This ensures proper linkage of export transactions with the authorized bank branch at Mumbai Port.
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